$4,562

Avg. Federal Grant

$4,991

Avg. Federal Loan

$3,137,321

Total Aid Awarded

Andrew College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$3.137M

Financial Aid Official Website

www.andrewcollege.edu/financialaid.html

Students can avail of scholarships provided by the college, such as Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, Georgia Tuition Equalization Grant, and HERO Scholarship Program (Helping Educate Reservists and their Offspring), if they find educational expenses to be on the higher side. As many as 98% of the students at AC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,441,583 in a year. More information regarding the financial assistance schemes can be accessed on AC’s official financial aid page at http://www.andrewcollege.edu/financialaid.html. The total percentage of candidates applying to Andrew College who receive the Federal Grant is 61%. On the other hand, 96% of the candidates get the Student Grant, 96% receive the Institution Grant, and 61% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,394, while the same comes to $2,387 for State Grant receivers and $9,203 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,747. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $4,064 per year. The average aid amount stands at $7,163 for an annual family income between $30,001 and $48,000. This amount comes to $6,410 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $1,791 for those with an annual family income between $75,001 and $110,000, and at $3,094 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 81% of the applicants to Andrew College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

22%

Institution Grant Aid

98%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$4,562

State Grant Aid

$3,603

Institution Grant Aid

$8,455

Pell Grant

$4,430

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,751

$30,001 - $48,000

$13,910

$48,001 - $75,000

$11,586

$75,001 - $110,000

$10,329

Over $110,000

$11,439

Student Loans for Andrew College

Average Loan Amount Average Loan Amount received per year.

$6,337/Year

Students Taking Out Loans

83%

Loan Default Rate

16%

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